On 21 March, President of Latvia Egils Levits fast-tracked promulgation of laws adopted by the Saeima (Parliament) on 20 March to better manage the state of emergency declared by Latvia in response to outbreak of the Coronavirus Covid-19, as well as mitigating the impact of the virus. The regulation will take effect as of March 12, when the state of emergency has been declared in the State.
The purpose of the draft law is to set measures for preventing and overcoming the national threat and the consequences thereof, special support mechanisms, as well as crisis expenditure directly related to financing the containment of the spread of COVID-19.
Useful information? Share!The government supports entrepreneurs and the employed; therefore, it continues to analyse and discuss, in a twenty-four-hour mode, other new types of support, so as to, as far as possible, preserve the functioning of the economic environment and to expediently help it fully recover and return to its normal operation.
More information on website of President of Latvia.
More information on website of Saeima.